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Author Question: Why is the monopoly total welfare lower than the competitive total welfare? What will be an ideal ... (Read 62 times)

mrsjacobs44

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on: Jul 1, 2018
Why is the monopoly total welfare lower than the competitive total welfare?
 
  What will be an ideal response?

Question 2

Suppose a firm's costs are F + v  q2 where F and v are positive real numbers and the firm sells its product at the market determined price p. Profits are calculated using
 
  A) p  q - F - v  q2.
  B) p -(F/q + v  q)  q.
  C) (p  q)/q -(F + v  q)/q  q.
  D) Both A and B.
Microeconomics ¦ Perloff ¦ 8th Edition
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Madisongo23

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mrsjacobs44

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

kishoreddi

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Reply 3 on: Yesterday
:D TYSM

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